Nordstrom (JWN) It's Not All Bad, The Patient Will Recover - Cowen

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Nordstrom (JWN) PT Cut to $40 at Credit Suisse

May 13, 2016 9:08 AM EDT

Credit Suisse analyst M. Exstein reiterated a Neutral rating and cut his price target on Nordstrom (NYSE: JWN) to $40.00 (from $55.00).

Exstein commented, "Nordstrom is the third major mall anchor in a row to report significant declines in sales and profitability, as the... More

Piper Jaffray Slashes PT, Estimates on Nordstrom (JWN) Following Weak Results, Guide

May 13, 2016 6:36 AM EDT

Piper Jaffray analyst Neely J.N. Tamminga lowered her price target on Neutral-rated Nordstrom (NYSE: JWN) to $45.00 (from $62.00) following weak results and outlook.

Tamminga commented, "We are adjusting our estimates on JWN shares on the heels of its FQ1 release in which... More

Nordstrom (JWN) volatility elevated into lowering FY16 outlook

May 13, 2016 6:31 AM EDT

Nordstrom (NYSE: JWN) is recently down $6.71 to $38.49 in the premarket after reporting less than expected Q1 results and lowers FY16 outlook. May call option implied volatility is at 83, June is at 48; compared to its 52-week range of 16 to 69.

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Nordstrom's comparable store sales fall; shares tumble

May 12, 2016 8:40 PM EDT

(Reuters) - Department store operator Nordstrom Inc (NYSE: JWN) reported a drop in first-quarter sales at established stores and slashed profit expectations for the year, adding to the gloom in the department store sector.

Shares of the company, which sells apparel and cosmetics from premium brands such as Armani, Stella McCartney and Valentino, tumbled 14 percent in extended trading on Thursday.

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Nordstrom (JWN) Misses Q1 EPS by 20c, Cuts FY EPS Guidance

May 12, 2016 4:07 PM EDT

(Updated - May 12, 2016 4:10 PM EDT)

Nordstrom (NYSE: JWN) reported Q1 EPS of $0.26, $0.20 worse than the analyst estimate of $0.46. Revenue for the quarter came in at $3.25 billion versus the consensus estimate of $3.28 billion.

comparable sales decreased 1.7 percent, compared... More

Straddle prices for companies reporting financial results

May 12, 2016 2:54 PM EDT

Shake Shack (NASDAQ: SHAK) May weekly 34 straddle priced for 8.7% movement into Q1

Shake Shack (SHAK) Call/Put ratio is 1 call to 1.01 put

Nordstrom (NYSE: JWN) May 45 straddle priced for 9.8% movement into Q1
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